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Developers try and save Auckland properties from mortgagee knife

A 28-day interim order is being sought in the High Court.

The Silverstream Terraces subdivision in Wellington’s Crofton Downs.

Developers behind a lucrative Wellington subdivision are attempting to get an interim order from the High Court over remaining debt and prevent Auckland properties from being sold.

In July, NBR reported the last stages of the subdivision in Crofton Downs, went up for mortgagee sale as the developer

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Contact the Writer: jmitchell@nbr.co.nz
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Developers try and save Auckland properties from mortgagee knife
Property,
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